The National Commission on Farmers (NCF) was constituted on November 18, 2004, by the Government of India. The commission was formed under the chairmanship of Professor M.S. Swaminathan. From December 2004 to October 2006, it has submitted five reports. Composition of the National Commission on … [Read more...] about National Commission on Farmers – Recommendations
Economics Notes
India’s Free Trade Agreements – The ‘present’ and the ‘future’
Trade is of great importance to most nations in the modern world. Trade without barriers - free trade - is promoted by institutions like the World Trade Organisation (WTO). In this background, as an emerging superpower, India's Free Trade Agreements deserve special attention. In this article, … [Read more...] about India’s Free Trade Agreements – The ‘present’ and the ‘future’
Gig Economy – What’s the problem with this new trend?
The term 'Gig Economy' is often in news these days. The trend toward a gig economy has begun. Why is it so controversial? Let's see. What is a Gig? A gig is a temporary contract job. It denotes a short-term contract or a freelance work as opposed to a permanent job. The contract employee gets paid … [Read more...] about Gig Economy – What’s the problem with this new trend?
Farmers’ Suicides in India – Reasons and Responses
India is an agrarian country with around 70% of its people depending directly or indirectly upon agriculture. But farmers' suicides in India is worrying. As per the Central Government despite a multi-pronged approach to improving income and social security of farmers, over 12,000 suicides were … [Read more...] about Farmers’ Suicides in India – Reasons and Responses
Indian Railways – What’s Wrong With The National Transporter?
Many questions are raised about the quality of services offered by Indian Railways. Punctuality, passenger safety, infrastructure, quality of food, and even the business model of Indian Railways is questioned. In this article, we cover the some of the major issues associated with Indian Railway … [Read more...] about Indian Railways – What’s Wrong With The National Transporter?
No-Detention Policy In The Schools – Should it be scrapped?
As per the current education system in India, all the students up to Class 8 will automatically be promoted to the next class. No one can be failed as per the Right to Education Act. This is known as the 'No-Detention Policy'. Read here to learn more. An expert committee headed by T S R … [Read more...] about No-Detention Policy In The Schools – Should it be scrapped?
Privatisation of Air India – Should India’s Public Sector Airline be Disinvested?
NITI Aayog recommended for privatization of Air India and the cabinet committee gave "in-principle" approval for privatising Air India. But should Air India be disinvested? In this post, we discuss the Indian aviation sector, and the Air India-Indian Airlines merger, and will see if the … [Read more...] about Privatisation of Air India – Should India’s Public Sector Airline be Disinvested?
Differentiated Banks-Small Finance Banks vs Payment Banks
Two kinds of banking licenses are granted by the Reserve Bank of India - Universal Bank Licence and Differentiated Bank Licence. Differentiated Banks (niche banks) are banks that serve the needs of a certain demographic segment of the population. Small Finance Banks and Payment Banks are examples … [Read more...] about Differentiated Banks-Small Finance Banks vs Payment Banks
Index of Industrial Production (IIP) – All About The New IIP Series (2011-12)
No country can be great without a robust manufacturing base. In India, Index of Industrial Production (IIP) is the index which measures the growth in the industrial sector. In this post, we explain the concept of IIP, the changes in the new IIP series (2011-12), limitations, and the future. What is … [Read more...] about Index of Industrial Production (IIP) – All About The New IIP Series (2011-12)
Inter-State River Water Disputes in India: Is it time for a new mechanism rather than tribunals?
The Inter-State River Water Disputes are one of the most contiguous issues in the Indian federalism today. In extreme cases, it may hamper the relationship between the different states. The recent cases of the Cauvery Water Dispute and the Satluj Yamuna Link Canal case are … [Read more...] about Inter-State River Water Disputes in India: Is it time for a new mechanism rather than tribunals?